Movoto Real Estate

3960-68 Helix St, Spring Valley, CA 91977

  • $1,725,000

  • 12

    bed

  • 6

    bath

  • 5,312

    Sqft ($325/Sqft)

Multi-family for sale 12 hours
Movoto is helping 20 homebuyers near you

About 3960-68 Helix St

Property type Multi-family
HOA fee $0/month
Property description
Looking for a deal that actually pencils? 3960-68 Helix offers a residential environment rarely found in traditional multifamily communities: four detached single family homes, each with its own single car garage, along with a two story duplex. Ample on site parking, private outdoor areas, & strong curb appeal further reinforce the property's residential character. All six units have been thoughtfully renovated with dual pane windows, quartz countertops, new cabinetry & vanities, luxury vinyl plank flooring, & scraped ceilings. Every residence also includes a private yard & in unit laundry. Combined with well maintained improvements & a desirable unit mix, the property delivers a living experience that supports strong tenant retention & long term occupancy. Beyond base rental income, the property benefits from two additional revenue streams that enhance overall returns. A Ratio Utility Billing System (RUBS) allows the owner to recapture a portion of water, sewer, & trash expenses directly from tenants based on occupancy, square footage, or a similar allocation method, reducing the property's net expense load without the capital cost of individually metering each unit. The property also generates billboard & signage income, providing a stable, non rental revenue stream that is largely insulated from vacancy & turnover risk. Together, these ancillary income sources supplement in place rents & give investors a diversified, less rent dependent income profile — a compelling feature for a value add asset of this size.
Listed by
Listing Agent - Cody J Evans
Listing Agent Contact: 619-226-6011
Listing Office - South Coast Commercial, Inc.
Source: San Diego MLS mls logo
MLS#260018754 • last updated 14 hours ago
Movoto checked San Diego MLS for data 42 minutes ago
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Overview
Levels/Style 2
MLS # 260018754
Type Residential Income
Status ACTIVE
SubType Com-Res Income
Living Area 5312
Interior
Total # of Bathrooms 6
# of Full Baths 6
Total # of Bedrooms 12
Exterior
# of Parking Spaces 12
Location
APN 5043110700
Multifamily Details
Total # of Buildings 5
Total # of Units 6
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Around the neighborhood

Explore everything this neighborhood has to offer.
44/100
Walk
93/100
Family
84/100
Dining
95/100
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  • Real Estate
  • CA
  • San Diego County
  • Spring Valley
  • 91977
  • 3960-68 Helix St

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